E-commerce

It refers to the sale or buying of goods and services online via the Internet.
It covers a variety of transactions, like business-to-customer (B2C) and business-to-business (B2B). E-commerce is convenient for quick transactions and offers a wide range of products and services, although it also comes with security risks and customer service-related challenges.

What is e-commerce?

Another name of e-commerce is electronic commerce, which involves buying and selling products and services online through the internet. Various applications, such as shopping carts, online catalogs, and email, are used For online business
It surrounds various types of online transactions, including B2C (business to customer), B2B (business to business), C2C (customer to customer), and C2B (customer to business).
For example, in the B2B type, a company sells products or services to the business through the Internet.

Video summary: In this video, you get essential tips related to how to start an online business, market research, the right online business platforms, finding a seller, and many more tips.

Benefits of E-commerce

Convenience: Allows customers to shop anything, anytime, and from anywhere; also makes it easy to browse and purchase products and services.

Speed: Make smooth and quick transactions and instant access to products and services.

Variety: Provides a wide range of products and services, more than available products in physical stores.

Global Reach: It helps businesses reach an international audience and expand their market beyond local boundaries.

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